The rapidly growing Islamic finance sector presents an opportunity to bring new, high value-added activity to Ireland and, in the process, revitalise the IFSC and help restore Ireland's self-confidence. Islamic finance covers any financing arrangement that is compliant with the principles of sharia law, which include a ban on paying or receiving interest and promotion of ethical investments that enhance society. Finance Minister Brian Lenihan recently referred to Islamic finance as "not only the fastest growing segment of international financial services but it is also perhaps the most 'ethical' form of international finance as it sets out strict rules regarding the nature and type of investments that may be made." In the shadow of the 'Great Recession' and the negative connotations linked to the world of finance, being associated with what is generally perceived as an 'ethical' form of finance is a positive association that will prove inspirational to the Irish people and be benefi More...

ESF: Enterprise Support Framework Enterprise Support Framework is essentially a structure that will aid entrepreneurial spirit, business startups and all businesses who participate within it. This customizable framework defines how business can be nurtured and supported within the community and business environments. This framework is based on the called keiretsu system in Japan and has been utilized in a number of successful countries throughout the world. It supports individuals, families and businesses in all business related matters including financial, technical and management advice. This government led community support group will foster an entrepreneurial spirit within each parish in the country. This framework will be based on the shared experiences and the enthusiasm of like minded individuals who wish to achieve their goals. Local businesses will assist each other in an open manner to offer their services and expertise to each other. Businesses and individuals that oper More...

ESF: Enterprise Support Framework Enterprise Support Framework is essentially a structure that will aid entrepreneurial spirit, business startups and all businesses who participate within it. This customizable framework defines how business can be nurtured and supported within the community and business environments. This framework is based on the called keiretsu system in Japan and has been utilized in a number of successful countries throughout the world. It supports individuals, families and businesses in all business related matters including financial, technical and management advice. This government led community support group will foster an entrepreneurial spirit within each parish in the country. This framework will be based on the shared experiences and the enthusiasm of like minded individuals who wish to achieve their goals. Local businesses will assist each other in an open manner to offer their services and expertise to each other. Businesses and individuals that oper More...

This is a proposal to establish an independent non-bank finance guarantee fund providing access to finance and advisory support to viable and potentially viable Irish small businesses in order to maintain existing jobs and to help create new jobs.

This venture aims to transform the fundamentals of how business is done in Ireland, to enhance & streamline internal & intra-business procedures, to bring about a cultural sea-change in the world of business in Ireland; so that better, leaner, more sustainable businesses are established and run more efficiently and more transparently, to the benefit of all the stakeholders involved & of the Irish economy generally. Via a proprietary online interface based on the latest web design & development technologies, client businesses will keep their records and conduct much of their routine actions in a highly secure, private and backed-up system that will make easier the mundane, distracting tasks of running a business, while at the same time empowering the businesses through revealing analysis of how they are performing, compared to their needs, their targets and to comparable businesses (through aggregation of anonymised data); while at the same time receiving the ongoing support & utilisi More...

Ireland Becomes New International Business Haven, encouraging a flood of foreign investment, creating jobs and boosting the economy. Main Idea: Ireland sets up new options for overseas investors and entrepreneurs by offering tax and banking advantages. Offer new advantages for non-resident companies by reducing corporation tax to zero or 2%. Create new banking tier that appeals to foreign investors. This would be new bank, backed entirely by gold deposits. No lending. No overdrafts. Minimum balance per account of 6,000 euro. Investment accounts and deposit accounts each with interest paid at 1% above high street banking rate: or more. Extend tax-breaks for creatives to include no income tax on earnings up to 1million euro per annum. Increase levels of incentive for companies wishing to hold copyright/distribution rights in Ireland.

My proposal is with regard to the opportunities we have regarding NAMA and its growing portfolio and how it could possibly be capitalised on. It will take some tough decisions, more creative thinking and testing, faith in our ability as a country and countrymen and some selling skills to help market, publicise and secure financial aid and understanding, for something that I think will benefit us all and also many private companies who wish to tap into our financial and creative potential. All of which I believe we have the talents for within Ireland. My proposal is to utilize the properties now being secured by NAMA to develop our country in many ways and to help solve many social problems from homelessness to our reduced working and spending population that is coming down the line over the next 10 to 30 years and will not suffice to cover our expenses of looking after our growing elderly population never mind the multitude of other problems which we currently have. Along with reducin More...

I propose that Ireland positions itself as a world centre of Shariah compliant funds. In attracting Shariah compliant funds Ireland could use its reputation in the Muslim world as a world leader in the horse breeding industry to show that it can be a world leader in other industries. The Irish economy currently has a large number of unemployed engineers, accountants, bankers, and other highly qualified individuals. The availability of employees with such strong analytical skills would be attractive for a Shariah fund looking for a place to establish itself. Along with creating employment this proposal would help to raise the Irish profile in the Middle East. If managed correctly this could lead to an increase in FDI from Middle Eastern countries which in turn could be used to foster indigenous Irish firm. Funds are easily movable businesses, and this proposal would envisage Shariah funds being located throughout Ireland providing employment for communities throughout various regions More...

All citizens resident in Ireland should receive a standard wage of €400, regardless of your job or position, including politicians. This should be paid for a set time of two years. Mortgage payments should be suspended for a corresponding time. Those that are unemployed should be given the opportunity to work as civil servants to increase productivity and their weekly payment doubled if they participate. A monthly draw of a thousand names should be drawn and each person should receive a prize of €1000.00; they cannot be re-entered in the draw until everyone has been drawn. This money must be spent within six weeks and cannot be saved. By levelling wages and encouraging spending, while reducing pressures such as mortgage repayments, a recovery could be possible.

This proposal is designed to create immediate and longer-term employment with a minimal setup cost and no long term costs to the Exchequer. Why Ireland ? It is based on the proven success of Ireland Low Corporation Tax rate in attracting inward investment over recent years. Its based on difficulties in Financial Markets in recent years, and how financial products can change and a desire for stable , transparent financial products and companies Its based on how Ireland was able to successfully establish the IFSC. Its based on the high level of association worldwide between “Green” & “Ireland” Key Idea ? The key idea is to harness Ireland’s existing “Green” image and use it to brand a new lower tax rate of 5% to companies which meet a range of “Green” Criteria. These criteria can be refined further at a later stage , but a central aim would be to broaden the “Green” image from only environmental projects. “Green Finance” could include ethical criter More...